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Thai CPF to buy U.S. frozen-food firm Bellisio in $1.08 billion deal

November 17, 2016 by · Leave a Comment 

BANGKOK (Reuters) – Thailand's Charoen Pokphand Foods Pcl (CPF) said it will acquire U.S. frozen-food producer Bellisio Parent LLC for $1.075 billion, paving the way for an entry into the world's

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Thai CPF to buy U.S. frozen-food firm Bellisio in $1.08 billion deal

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Swire Pacific in talks to buy Coca-Cola bottling assets in China: Bloomberg

November 17, 2016 by · Leave a Comment 

(Reuters) – Hong Kong conglomerate Swire Pacific Ltd is in talks to buy Coca-Cola Co's bottling assets in China from Cofco Corp's [CNCOF.UL] China Foods Ltd unit, Bloomberg reported. A potential deal could value the business at about $1 billion and the companies could announce a deal as soon as this week, Bloomberg said, citing people familiar with the matter. Swire…

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Swire Pacific in talks to buy Coca-Cola bottling assets in China: Bloomberg

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Foreign banks shaken by Malaysia’s move to halt currency slide

November 17, 2016 by · Leave a Comment 

By Saikat Chatterjee and Praveen Menon HONG KONG/KUALA LUMPUR (Reuters) – Foreign banks in Malaysia on Thursday were trying to work out how to comply with the central bank's clamp-down…

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Foreign banks shaken by Malaysia’s move to halt currency slide

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Uber says Taiwan’s steps against it hurting citizens

November 17, 2016 by · Leave a Comment 

By J.R. Wu TAIPEI (Reuters) – Uber Technologies Inc [UBER.UL] urged Taiwan President Tsai Ing-wen to let the island's people decide whether they want Uber services in Taiwan, the latest salvo in the wrangle between the authorities there and the global ride-hailing service company. Uber's comments were made in…

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Uber says Taiwan’s steps against it hurting citizens

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GM China auto sales rise 5.2 percent in 2015

January 6, 2016 by · Leave a Comment 

General Motors Co's vehicle sales in China rose 5.2 percent to 3.61 million in 2015, the U.S. carmaker said on Wednesday. GM and its Chinese joint venture partners sold 445,227 vehicles last month, a 14 percent rise from a year earlier, matching its growth rate for November. The automaker plans to launch 13 new or revamped models in China in 2016, including the Cadillac CT6, Malibu XL and Cruze XL, compared with 12 launches last year, according to a written statement posted on its website.

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GM China auto sales rise 5.2 percent in 2015